Page 494 - Markets

Avantel freezes at 20% upper circuit on winning order worth Rs 126 crores

The stock of the telecom equipment company was trading close to its 52-week high level of Rs 949, touched on October 19, 2021.

Polyplex Corporation surges 10% on hopes of strong operational performance

The operation ramp-up at its BOPP facility and the commencement of additional capacities over the medium term will support the volume growth and is likely to ensure a healthy operating performance

Cipla hits fresh all-time high in a volatile market; rallies 12% in 1 week

Going forward, significant momentum in Cipla will likely continue due to US gains on the back of peptide portfolio unlocking and possible approvals and launches of gRevlimid, gAdvair and gAbraxane

Sugar stocks extend rally; Triveni, Dhampur, Uttam Sugar zoom up to 18%

Union minister Nitin Gadkari on Saturday said top officials of automobile companies have promised him that they will start manufacturing vehicles of flex-fuel variants within six months.

Jubilant FoodWorks plunges 12% as brokerages downgrade stock post CEO exit

According to analysts chief executive officer Pratik Rashmikant Pota's resignation is a setback for the company, especially in the near-term, as the company faces macro headwinds in the form of sticky

HDFC Bk: Analysts eye new launches as RBI lifts curb on digital initiatives

In December 2020, RBI had imposed restrictions on HDFC Bank on issuing new credit cards, and introducing new digital initiatives due to concerns over recurring IT-system outages

Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%

CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade

GHCL hits new high amid heavy volumes; stock surges 28% in one week

GHCL had received 'No adverse observation/ No objection' letters from the BSE and the National Stock Exchange of India for a proposed scheme of arrangement on March 3

Ruchi Soya freezes at 20% upper circuit as board okays Rs 4,300-crore FPO

The edible oil firm announced that it will launch its follow-on public offer on March 24

Hawkish Fed to cast a shadow on markets this week?

Stabilising crude oil prices and BJP's impressive show in state polls boosted the morale on the streets. This week investors will track the two-day Fed meeting against the backdrop of US inflation

Retail investors rebalancing risk & return expectations: Pradeep Gupta

Anand Rathi Group continues to expect 10-14 per cent returns on bellwether large-cap stocks, says co-founder and vice-chairman Pradeep Gupta

Street signs: Market trend turns positive, Vedant Fashions stock & more

The benchmark Nifty bounced sharply from its low of 15,748 last week to close at 16,630

IPOs to watch out for once the primary market starts buzzing

LIC, Delhivery, PharmEasy among deals to be keenly followed by the market

Securities Appellate Tribunal dismisses Dish TV's appeal against Sebi order

SAT has disposed of Dish TV India Ltd's plea against a Sebi order that directed the company to disclose the results of its annual general meeting (AGM) that was held on December 30, 2021.

Mutual fund industry expects new Sebi leadership to tighten norms

Industry players say they are keenly watching what Sebi does to deepen the corporate bond market.

Sebi tightens IPO valuation scrutiny, jolts start-ups eyeing listings

Sebi's push comes after the flop listing of SoftBank-backed payments firm Paytm's $2.5 billion IPO in November

Near-term outlook complicated, but bullish on equities: ICICI Pru's S Naren

Value opportunity in stocks is more and we think over the next 2-3 years, the opportunity will continue to exist, says S Naren, CIO, ICICI Prudential Asset Management Co

Sensex adds 86 pts; GNFC, JK Paper surge 12% each, auto stocks slide

CLOSING BELL: Sectorally, the Nifty Pharma index was the best performing index, rising 2.5 per cent on the NSE. The Nifty Auto index, on the other hand, slipped 0.4 per cent

Paper stocks rally; JK Paper, TN Newsprint, West Coast surge up to 14%

Paper stocks rallied on expectation that reopening of offices, educational institutions and courts will lead to regularization of demand

Laurus Labs surges 6% to hit over 4-month high

Analysts remain optimistic on the company's outlook for FY23 & FY24 with new capacity addition for commercial usage for FDF and API segments, ARV business and robust growth expected in CS business.